CLARIFICATION ABOUT DUTIES

[Mohammad Ishaq]

Dear sir, i purchese used / old OF 85 T/HR WATER TUBE BOILER UNIT AND ITS ASSOCIATED SYSTEMS AND SPARES ON “AS IS WHERE IS BASIS” INCLUDING DISMANTLING & REMOVAL. water tube boiler of twin drum with super heater. (Make: M/s. Mitsuibishi Heavy Industries, Japan). AMOUNT 71,11,786/- Lumpsum price for Boiler UNIT and its associated systems and spares (including dismantling and removing of all in 'as is where is' condition. Note: The quoted rate shall be excluding VAT/CST & IT which would be extra at prevailing rates at the time of delivery. The quoted price shall be deemed to be excluding Excise Duty, VAT/CST, IT, Service Tax etc. I NEED CLARIFICATION ABOUT DUTIES WHAT % ED WHAT % IT WHAT % SALE TAX I HAVE TO PAY WHAT % SERVICE TAX I HAVE COLLECT REGARDS ISHAQ

[Rama Krishana]

Your query is related to know duty structure from various statute. I doubt that such query can be answered as readmade. It is better to approach the consultant dealing with the related matters.

Alternatively, you may search the tariff code with various notiications available online.

AI Summary

Tax liability on purchase of used industrial boiler: determine applicable excise, income, sales and service tax rates. Query concerns tax liability on purchase of a used 85 T/HR water tube boiler sold on an 'as is where is' basis including dismantling and removal, and asks which rates of Excise Duty, Income Tax, Sales Tax/VAT and Service Tax apply. Reply advises that exact percentages cannot be given without tariff classification and notification review and recommends consulting a tax practitioner or searching tariff codes and relevant notifications to determine applicable duties and compliance obligations.